Novoray Corporation

SHSE:688300 Stock Report

Market Cap: CN¥12.5b

Novoray Future Growth

Future criteria checks 5/6

Novoray is forecast to grow earnings and revenue by 27.3% and 22.7% per annum respectively. EPS is expected to grow by 27% per annum. Return on equity is forecast to be 19.6% in 3 years.

Key information

27.3%

Earnings growth rate

27.0%

EPS growth rate

Chemicals earnings growth38.6%
Revenue growth rate22.7%
Future return on equity19.6%
Analyst coverage

Low

Last updated23 Oct 2024

Recent future growth updates

Earnings Miss: Novoray Corporation Missed EPS By 8.5% And Analysts Are Revising Their Forecasts

Mar 28
Earnings Miss: Novoray Corporation Missed EPS By 8.5% And Analysts Are Revising Their Forecasts

Recent updates

Is Now The Time To Put Novoray (SHSE:688300) On Your Watchlist?

Nov 29
Is Now The Time To Put Novoray (SHSE:688300) On Your Watchlist?

Market Participants Recognise Novoray Corporation's (SHSE:688300) Earnings Pushing Shares 34% Higher

Oct 18
Market Participants Recognise Novoray Corporation's (SHSE:688300) Earnings Pushing Shares 34% Higher

These 4 Measures Indicate That Novoray (SHSE:688300) Is Using Debt Safely

Oct 16
These 4 Measures Indicate That Novoray (SHSE:688300) Is Using Debt Safely

What Does Novoray Corporation's (SHSE:688300) Share Price Indicate?

Sep 26
What Does Novoray Corporation's (SHSE:688300) Share Price Indicate?

If EPS Growth Is Important To You, Novoray (SHSE:688300) Presents An Opportunity

Aug 20
If EPS Growth Is Important To You, Novoray (SHSE:688300) Presents An Opportunity

Novoray's (SHSE:688300) Returns On Capital Not Reflecting Well On The Business

Jul 29
Novoray's (SHSE:688300) Returns On Capital Not Reflecting Well On The Business

What Novoray Corporation's (SHSE:688300) P/E Is Not Telling You

Jul 13
What Novoray Corporation's (SHSE:688300) P/E Is Not Telling You

Why Novoray Corporation (SHSE:688300) Could Be Worth Watching

Jun 19
Why Novoray Corporation (SHSE:688300) Could Be Worth Watching

If EPS Growth Is Important To You, Novoray (SHSE:688300) Presents An Opportunity

May 13
If EPS Growth Is Important To You, Novoray (SHSE:688300) Presents An Opportunity

Does Novoray (SHSE:688300) Have A Healthy Balance Sheet?

Apr 23
Does Novoray (SHSE:688300) Have A Healthy Balance Sheet?

Novoray's (SHSE:688300) Sluggish Earnings Might Be Just The Beginning Of Its Problems

Apr 01
Novoray's (SHSE:688300) Sluggish Earnings Might Be Just The Beginning Of Its Problems

Earnings Miss: Novoray Corporation Missed EPS By 8.5% And Analysts Are Revising Their Forecasts

Mar 28
Earnings Miss: Novoray Corporation Missed EPS By 8.5% And Analysts Are Revising Their Forecasts

Subdued Growth No Barrier To Novoray Corporation (SHSE:688300) With Shares Advancing 28%

Mar 01
Subdued Growth No Barrier To Novoray Corporation (SHSE:688300) With Shares Advancing 28%

When Should You Buy Novoray Corporation (SHSE:688300)?

Feb 27
When Should You Buy Novoray Corporation (SHSE:688300)?

Earnings and Revenue Growth Forecasts

SHSE:688300 - Analysts future estimates and past financials data (CNY Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/20261,461420N/A3585
12/31/20251,182329N/A2825
12/31/2024935245N/A1765
9/30/2024895234167248N/A
6/30/2024841218164236N/A
3/31/2024769197137189N/A
12/31/2023712174194247N/A
9/30/2023685182139203N/A
6/30/2023625169156248N/A
3/31/2023630174130277N/A
12/31/202266218886241N/A
9/30/202265717524213N/A
6/30/2022686186-47161N/A
3/31/2022663179-64117N/A
12/31/2021625173-55153N/A
9/30/2021581169-94117N/A
6/30/2021522147-42135N/A
3/31/2021473130-57104N/A
12/31/2020404111-3490N/A
9/30/2020367921998N/A
6/30/2020341822995N/A
3/31/20203217827100N/A
12/31/2019315752081N/A
9/30/2019298694397N/A
6/30/2019292672370N/A
3/31/2019277602953N/A
12/31/2018278583056N/A
9/30/201826454834N/A
6/30/201824950N/A12N/A
3/31/201823046N/A9N/A
12/31/201721142N/A6N/A
9/30/201719341N/A17N/A
6/30/201717639N/A27N/A
3/31/201716536N/A22N/A
12/31/201615433N/A18N/A
9/30/201614327N/AN/AN/A
6/30/201613220N/A16N/A
3/31/201612719N/A12N/A
12/31/201512218N/A7N/A
9/30/201512119N/A3N/A
6/30/201513220N/A9N/A
3/31/201513119N/A16N/A
12/31/201412519N/A17N/A
12/31/201312014N/A28N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 688300's forecast earnings growth (27.3% per year) is above the savings rate (2.8%).

Earnings vs Market: 688300's earnings (27.3% per year) are forecast to grow faster than the CN market (25.5% per year).

High Growth Earnings: 688300's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 688300's revenue (22.7% per year) is forecast to grow faster than the CN market (13.7% per year).

High Growth Revenue: 688300's revenue (22.7% per year) is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 688300's Return on Equity is forecast to be low in 3 years time (19.6%).

Discover growth companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/25 02:04
End of Day Share Price 2024/12/25 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Novoray Corporation is covered by 8 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Zheng ZhouChina Merchants Securities Co. Ltd.
Chao LiCitic Securities Co., Ltd.
Zhaohua WangEverbright Securities Co. Ltd.